Algeria Business Energy Features Headlines

Algeria : Energy Minister unveils government’s ambition

Algeria’s Energy Minister Youcef Yousfi has given assurances that the country’s oil and gas production decline did not require worries during an energy conference held in western Algerian city of Oran. His latest statement came as gas production reached growth level for the first time since the 2013 In Amenas plant terrorist attack. The developments […]

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Emirates Dragon Oil ventures into Algeria

Energy companies are all trying to get a share of Algeria’s oil and gas reserves as the country tries to boost its production capacity. The latest company to join the energy companies in Algeria is Dragon Oil Company based in the Emirates. It is an international oil and gas exploration, development and production company. The […]

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Algeria : Military kills “terrorist chief” responsible for many crimes

Algeria’s Defense Ministry has published on its website that it has killed a “terrorist chief” in an ambush in the Kabylie region, around 110 kilometers east of Algiers. The Military stopped short of naming the terrorist chief but described him as a “leading terrorist responsible for many crimes.” Local media has claimed that the militant […]

Algeria Business Energy Features Headlines

Algeria: Ordinary operations resume at In Amenas gas plant

Ordinary operations are to begin at the In Amenas gas plant more than a year after the terrorists stormed it. The return of the companies came on the brink of intensified security measures to prevent another deadly terrorist attack. The announcement by Statoil to return to the plant will serve as a major boost to […]

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Algerian diplomats kidnapped in Mali freed

After spending more than two years in captivity, the Algerian diplomats kidnapped and taken hostage by the Movement for Oneness and Jihad in West Africa (MUJAO) in northeastern Malian city of Gao have been released. The information was diffused in a released statement by the Algerian Foreign Ministry which also reiterated the country’s steadfastness towards […]

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Algeria : Bouteflika strips Principal adviser Belkhaddem from all posts

Although President Abdelaziz Bouteflika is rarely seen in public, his decision to dismiss Abdelaziz Belkhaddem could be sending a strong political message that his illness will not be deterring him from his political duty. Abdelaziz Belkhaddem is one of the principal advisers to the Algerian President and he also once served as the Prime Minister […]

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Algeria : €10billion arms deal to be announced in weeks

Algeria will be embarking on a spending spree to reinforce and renew its military arsenal with a budget of more than €2 billion. The North African region has been threatened by the presence of terrorist groups that have gained more force in the aftermath of the Arab Spring. Algeria has been able to avoid anti-government […]

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Algeria : State to collapse if regime change fails

A coalition of opposition parties in Algeria composed of three Islamist parties and two other parties has voiced out its opinion on the present political situation. Algeria held presidential elections barely two months ago and the incumbent president was reelected for a fourth term. The coalition has called for a “real” regime change and urged […]

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Algeria: Constitutional amendment begins, first consultation held

As promised during the campaign, President Bouteflika has paved the way for the amendment of the constitution despite certain criticisms and boycotts by some opposition parties. Discussions for the amendment will be headed by former Prime Minister Ahmed Ouyahia and they will be centered on reinforcing the separation of powers and the independence of the […]

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Algeria: Council of Ministers approve shale exploration and exploitation

The nod has been given by Algeria’s Council of Ministers for works in relation with the development and exploitation of unconventional gas to continue.  The North African country once rich oil and natural gas reserves have been declining in recent years. The exploitation of shale gas is expected to complement the drop. Algeria has not […]